Sector Update: Tech

MT Newswires Live06-15

Technology stocks were rising premarket Monday, with the State Street Technology Select Sector SPDR Fund (XLK) up 2.8% and the State Street SPDR S&P Semiconductor ETF (XSD) 3.9% higher.

Akamai Technologies (AKAM) stock was up more than 2% after the company launched a unified "agentic framework" for its Bot & Agent Control solutions as AI agents increasingly take on tasks on behalf of users, raising new challenges around identity, intent and trust.

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